In the European market, the Toluene Diisocyanate market showcased bearish sentiments during September xxxx. The Toluene Diisocyanate prices witnessed a slight decrease of x.xx from August xxxx. The demand for Toluene Diisocyanate in the polyurethane sector remained average, primarily due to moderate material consumption in the construction industry. The eurozone construction sector continues to experience a downturn as of mid-Qx xxxx, with a significant drop in new orders resulting in decreased construction activity, ongoing job cuts, and reduced purchasing. This decline is widespread across major eurozone economies and all construction sectors. The HCOB Eurozone Construction PMI Total Activity Index held steady at July’s six-month low, indicating xx consecutive months of reduced activity. Notably, the housing sector recorded its steepest decline since April xxxx, while the commercial and civil engineering sectors also faced significant reductions.
Simultaneously, the consumption of Polyurethane materials was depressing in the Automotive sector. Consequently,...
